KPMG Financial Reporting podcast

KPMG ESG reporting leaders discuss their main takeaways from the IFRS® Sustainability Symposium in New York on Feb 22, 2024.

Members of the ESG team in the KPMG Department of Professional Practice discuss the latest developments in ESG reporting.

KPMG Department of Professional Practice partners Valerie Boissou and Tim Phelps join host John Barbagallo to discuss recently amended guidance on segment reporting (ASU 2023-07) and related hot topics from the 2023 AICPA & CIMA Conference.

KPMG Department of Professional Practice partners Timothy Brown, Erin McCloskey and Samantha Demty join host John Barbagallo to discuss the 2023 AICPA & CIMA Conference on Current SEC and PCAOB Developments – with a focus on the top accounting and reporting issues addressed at the conference.

On December 19, 2023, the FASB issued a proposed Accounting Standards Update (ASU) that would provide additional guidance on whether induced conversion or extinguishment accounting should be applied to certain settlements of convertible debt instruments that do not occur in accordance with the instruments' preexisting terms.

Convertible debt instruments are complex and navigating the relevant accounting guidance is challenging – particularly when they are settled (i.e. converted).

The Pillar Two rules are going to continue to evolve long after they are initially implemented in 2024. These changes are going to put pressure on a number of important areas for multinationals, including legal entity and operational structures, IT systems and financial reporting processes, just to name a few. In this episode, Tony Burzinski, KPMG Accounting Advisory partner, and James Sanderson,...

The Pillar Two rules are expected to have a significant impact on the income tax provision and external audit process once they go live in the first quarter of 2024. In this episode, KPMG Department of Professional Practice partner Matt Drucker, and Danielle Matthews, who is on rotation in the KPMG Department of Professional Practice, stop by to explain how to account for Pillar Two, discuss discl...

The Pillar Two rules will go into effect at the beginning of 2024 and time is quickly running out for multinationals to determine the impact. One of the most challenging and time-consuming aspects of Pillar Two is the calculation of the Globe Effective Tax Rate. In this episode, KPMG Department of Professional Practice partner Nick Tricarichi is joined by Quyen Huynh, KPMG Washington National Tax...

The Pillar Two rules will go into effect at the beginning of 2024 and time is quickly running out for multinationals to determine the impact. The good news is that there is a transitional safe harbor available that can significantly reduce the time and effort required to comply with Pillar Two. In this episode, KPMG Department of Professional Practice partner Nick Tricarichi is joined by Marissa R...

The Pillar Two rules will go into effect at the beginning of 2024 and time is quickly running out for multinationals to determine the impact. In this episode, KPMG Department of Professional Practice partner Nick Tricarichi is joined by Marcus Heyland, KPMG Washington National Tax principal, for an engaging conversation about the new tax regime. We discuss how it works, which countries are plannin...

Members of the ESG team in the KPMG Department of Professional Practice discuss the latest developments in ESG reporting – including two California climate disclosure laws that were recently signed into law and proposed amendments to the EU’s Corporate Sustainability Reporting Directive.

Members of the KPMG Department of Professional Practice discuss the latest FASB amendment requiring a joint venture to recognize and initially measure its assets and liabilities using a new basis of accounting upon formation.

We discuss the key requirements and potential impacts of the SEC's cybersecurity and compensation clawback rules.

Listen to ESG reporting developments and expectations – the SEC, ISSB and EU; plus the latest from California.

KPMG professionals discuss proposed income statement disaggregation disclosure requirements.

Listen to ESG reporting developments and expectations - with a focus on IFRS Sustainability Disclosure Standards.

KPMG hosts SEC Chief Accountant Paul Munter to discuss priorities and changes in a rapidly transforming world.

Listen to ESG reporting developments and expectations – with a focus on European Sustainability Reporting Standards.

Listen to an overview of how GHG emissions are classified, tracked and reported under the GHG Protocol.

Listen to ESG reporting developments and expectations – from the SEC and the ISSB, and under the EU's CSRD.

KPMG professionals discuss recent changes to ASC 842 for common control arrangements and related leasehold improvements.

We discuss trending topics: R&D, power purchase agreements, executive compensation and carbon credits.

We provide an overview of the Pillar Two GloBE rules and accounting for the new top-up tax.

The next episode in our series on the new IRA and CHIPS legislation covers accounting under IFRS Accounting Standards.